-
Eurozone crisis: if Greece goes, Germany's prosperity goes with it
Germany last week found itself able to borrow for two years at the astonishingly low rate of 0.07%. Very nice too: but surely the real message Angela Merkel and her colleagues must take from the successful auction of those zero-coupon schatz bunds is that the single currency simply isn't working. All the money wants to flow in one direction: towards Germany. It is only the efforts of the European Central Bank, as a giant recycler of liquidity to dry areas of the eurozone banking system, that is ensuring a stability of sorts. This position can't be sustained. You would be hard-pressed to identify any shift in ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 27, 2012 9:31am May 27, 2012 9:31am
- Tw0eleven
- | Joined Jan 2007 | Status: Feed The Piggy With Pips! | 1103 Comments
- Comment #2
- Quote
- May 27, 2012 9:48am May 27, 2012 9:48am
- 5percent
- Joined May 2012 | Status: I'm Pawning 95Percent | 5 Comments
- Comment #3
- Quote
- May 27, 2012 9:52am May 27, 2012 9:52am
- Nachiket
- | Membership Revoked | Joined Jul 2011 | 72 Comments
- Comment #4
- Quote
- May 27, 2012 9:53am May 27, 2012 9:53am
- Guest
- | IP XX.XXX.34.145
- Comment #5
- Quote
- May 27, 2012 9:55am May 27, 2012 9:55am
- Tw0eleven
- | Joined Jan 2007 | Status: Feed The Piggy With Pips! | 1103 Comments
- Comment #6
- Quote
- May 27, 2012 10:07am May 27, 2012 10:07am
- Guest
- | IP XX.XXX.38.250
- Comment #7
- Quote
- May 27, 2012 10:41am May 27, 2012 10:41am
- Tw0eleven
- | Joined Jan 2007 | Status: Feed The Piggy With Pips! | 1103 Comments
- Comment #8
- Quote
- May 27, 2012 11:13am May 27, 2012 11:13am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #9
- Quote
- May 27, 2012 11:44am May 27, 2012 11:44am
- fxsport
- Joined Jul 2007 | Status: Member | 2661 Comments
...because you never know - until you do!
- Comment #10
- Quote
- May 27, 2012 12:13pm May 27, 2012 12:13pm
- Tw0eleven
- | Joined Jan 2007 | Status: Feed The Piggy With Pips! | 1103 Comments
- Comment #11
- Quote
- May 27, 2012 12:52pm May 27, 2012 12:52pm
- clockwork71
- | Commercial Member | Joined May 2007 | 1172 Comments
- Comment #12
- Quote
- May 27, 2012 3:32pm May 27, 2012 3:32pm
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #13
- Quote
- Edited 6:59pm May 27, 2012 4:37pm | Edited 6:59pm
- TraderBen
- | Joined Jan 2011 | Status: Member | 119 Comments
- Comment #14
- Quote
- May 27, 2012 7:09pm May 27, 2012 7:09pm
- profi
- | Joined May 2011 | Status: Member | 1 Comment
- Comment #15
- Quote
- May 28, 2012 5:02am May 28, 2012 5:02am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
- Comment #16
- Quote
- May 28, 2012 6:41am May 28, 2012 6:41am
- TraderBen
- | Joined Jan 2011 | Status: Member | 119 Comments
- Comment #17
- Quote
- May 28, 2012 7:22am May 28, 2012 7:22am
- Guest
- | IP XXX.XXX.55.226
- Comment #18
- Quote
- May 28, 2012 7:43am May 28, 2012 7:43am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
- Comment #19
- Quote
- Edited 9:45am May 28, 2012 9:07am | Edited 9:45am
- TraderBen
- | Joined Jan 2011 | Status: Member | 119 Comments
- Comment #20
- Quote
- May 28, 2012 9:25am May 28, 2012 9:25am
- TraderBen
- | Joined Jan 2011 | Status: Member | 119 Comments